CPKI- $22 7/8 and heading higher Message Board

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Non-Tech : CPKI- $22 7/8 and heading higher

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To: Smiling Bob who wrote (3)	9/7/2000 10:35:03 AM
From: Smiling Bob	Read Replies (1) of 8

CALIFORNIA PIZZA KITCHEN, INC. (CPKI) Initiating Coverage with Rating of Buy; Anticipate Average EPS Growth of at Least 25% We have initiated coverage of California Pizza Kitchen with a rating of Buy and a target price of $29. In our opinion, CPK represents an attractive investment opportunity due to the brand’s proven appeal with consumers over its 15 year life, combined with the company’s ability to generate at least 25% average EPS growth over the next several years. The current management team has proven its strength through the impressive stabilization of the concept over the past couple of years, evidenced by strong same-store sales and margin improvement trends. cnetinvestor.com

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